Social Indicators Research

, Volume 24, Issue 2, pp 153–175

Measurement and determinants of socioeconomic development: A critical conspectus

Authors

  • Habibullah Khan
    • Department of Economics and StatisticsNational University of Singapore
Article

DOI: 10.1007/BF00300358

Cite this article as:
Khan, H. Soc Indic Res (1991) 24: 153. doi:10.1007/BF00300358

Abstract

The study evaluates the progress made in the past decades on the measurement of socioeconomic performance. Both income and social indicators approaches are thoroughly surveyed and an additional contribution is made to the latter by undertaking a large-scale correlation study. The results of the correlation analysis indicate a high level of correspondence between per capita GNP and various composite social indices constructed by an aggregation procedure called the ‘Wroclaw Taxonomic Method’. On the determinants of socioeconomic progress, the study examines two well-known development strategies, equity and basic needs. Besides, it suggests few other policy instruments which might influence the level of socioeconomic development. Finally, some ‘new’ areas are identified for future research in this subject.

Copyright information

© Kluwer Academic Publishers 1991